Category: Business

Australian researchers have identified 1,500 additional locations across the country that could be used as pumped storage hydropower facilities. They have said it should reduce Australia’s reliance on fossil fuels. Academics at the Australian National University have said pumped storage hydropower is a “low-cost, mass…

Twitter paused its recently announced $8 blue check subscription service Friday as fake accounts mushroomed and new owner Elon Musk brought back the "official" badge to some users of the social media platform. The coveted blue check mark was previously reserved for verified accounts of…

Crypto exchange FTX filed for U.S. bankruptcy proceedings on Friday and founder Sam Bankman-Fried stepped down as CEO, in a stunning downfall that has sent shock waves through markets and drawn calls for better regulation of the digital industry. The distressed crypto trading platform had…

The widespread retrenchment in the U.S. technology industry has thrown thousands of workers in Silicon Valley out of work, a trend greatly amplified on Wednesday by Meta Platforms, the parent company of Facebook, which announced it would eliminate 13% of its workforce, amounting to more…

Tech billionaire Elon Musk’s takeover of Twitter comes as the U.S. holds midterm elections this week, with observers warning that online misinformation about the credibility of the electoral process can have real-world effects. Is Twitter, under Musk, ready? Tina Trinh reports. Michelle Quinn contributed. ...

Facebook parent company Meta is preparing to begin large-scale layoffs this week, according to U.S. media reports.  The layoffs, which were first reported by The Wall Street Journal, are expected to affect thousands of employees and would be the company's first job cuts of this…

Meta Platforms Inc. is planning to begin large-scale layoffs this week that will affect thousands of employees, The Wall Street Journal reported on Sunday, citing people familiar with the matter, with an announcement planned as early as Wednesday. Meta declined to comment on the WSJ…

South Korean team DRX were crowned League of Legends world champions on Saturday after scoring a surprise 3-2 victory over compatriots T1 in a thrilling final of the eSports tournament in San Francisco. T1, the most successful team in eSports history, started as favorites and…

U.N. rights chief Volker Turk on Saturday urged Twitter's new owner, Elon Musk, to make respect for human rights central to the social network after he sacked around half the company's employees. Reports of Musk laying off the platform's entire human rights team were "not,…

Twitter on Saturday launched a subscription service for $7.99 a month that includes a blue check now given only to verified accounts as new owner Elon Musk overhauls the platform's verification system just ahead of the U.S. midterm elections. In an update to Apple iOS…

Twitter began widespread layoffs Friday as new owner Elon Musk overhauls the company, raising grave concerns about chaos enveloping the platform and its ability to fight disinformation just days ahead of the U.S. midterm elections. The speed and size of the cuts also opened Musk…

Twitter Inc temporarily closed its offices on Friday after telling employees they would be informed by email later in the day about whether they are being laid off. The move follows a week of uncertainty about the company's future under new owner Elon Musk. The…

A new U.N. report finds agricultural automation can boost global food production and be a boon for small-scale farmers in developing countries. The U.N. Food and Agriculture Organization, FAO, has just released The State of Food and Agriculture 2022 report. The report’s authors said automation…

The U.S. Supreme Court’s overturning of protections for abortion rights has intensified scrutiny of the personal data that technology firms collect. For women who live in states where most abortions are now illegal, their smartphones and devices could be used against them. Tina Trinh reports.…

Small farmers produce about one-third of the world's food. Yet they lack global visibility and face many obstacles getting their crops to larger markets.  A new app is helping to change that for some farmers in Africa. VOA’s Julie Taboh has more. Camera, production: Adam Greenbaum ...

Santa Clara, California-based chip producer Marvell Technology has confirmed that it is eliminating research and development staffs in China – the third U.S. chipmaker that has done so this year as the U.S.-China tech rivalry intensifies. Observers say this will hobble China’s chip ambitions and…

On Oct. 4, Elon Musk reversed himself and offered to honor his original proposal to buy Twitter for $44 billion — a deal he had spent the previous several months trying to wriggle out of. He posted a video of himself arriving at Twitter headquarters…

Elon Musk became Twitter Inc's new owner on Thursday, firing top executives he had accused of misleading him and providing little clarity over how he will achieve the lofty ambitions he has outlined for the influential social media platform. The CEO of electric car maker…

The United States is trying to make it easier for companies and organizations to bolster their cybersecurity in the face of growing attacks aimed at crippling their operations, stealing their data or demanding ransom payments. Officials with the Department of Homeland Security and the Cybersecurity…

Elon Musk is telling Twitter advertisers he is buying the platform to "help humanity" and doesn't want it to become a "free-for-all hellscape" where anything can be said with no consequences. The message to advertisers posted Thursday on Twitter came a day before Musk's deadline…

As the U.S. military considers China’s military strength in the Indo-Pacific region, the U.S. Navy is turning to driverless ships to multiply its forces. VOA’s Jessica Stone takes us along for a closer look at this military innovation. Camera: Keith Lane ...

More frequent and severe droughts in Africa are hampering food production, especially in arid parts of the continent where farmers struggle to eke out a living. A water retention system developed in the U.S. is helping African farmers fight the trend and improve crop yields…

The Biden administration's announcement earlier this month that it would ban the transfer of advanced U.S. semiconductor technology to China continues to reverberate through global markets. The ruling by the Department of Commerce affects not only U.S. firms that sell to China but any company…

More and more, people are installing video doorbells and surveillance cameras in and around their homes to protect against unwanted intruders. But while many consumers feel the devices provide some peace of mind, some observers are concerned that they trigger personal biases toward those captured…

Who said there is nothing new under the sun?  One of the hottest innovations for the non-polluting generation of electricity is floating photo-voltaics, or FPV, which involves anchoring solar panels in bodies of water, especially lakes, reservoirs and seas. Some projects in Asia incorporate thousands…

Secretary of State Antony Blinken’s visit to Silicon Valley this week comes as the Biden administration is promoting more investment in technology but also enacting more restrictions on selling technology to businesses in China. Michelle Quinn reports. ...

Elon Musk said Saturday his rocket company, SpaceX, would continue to fund its Starlink internet service in Ukraine, citing the need for "good deeds," a day after he said it could no longer afford to do so. Musk tweeted: "the hell with it … even…

In a remote village in India, a siren can be heard from the local temple every night at 7 p.m. — signaling the commencement of a daily “digital detox.” For the next 90 minutes, the population of 3,000 in Sangli district’s Mohityanche Vadgaon lays aside…